Talos Energy has agreed to acquire a 50% working interest in Block 29 offshore Mexico from Repsol, expanding its international portfolio with a pre-final investment decision oil development that includes more than 200 million barrels of oil equivalent of estimated recoverable resources.Under the agreement, Talos will pay $30 million if it decides to proceed with a final investment decision (FID), fund…
Chevron has shut in production at its Petronius platform in the U.S. Gulf of America and evacuated all associated personnel to shore as Tropical Storm Bertha approaches.The company said production from its other Chevron-operated assets in the Gulf remains at normal levels…
Grupo Carso has signed a binding agreement with TotalEnergies to acquire its entire 30% interest in offshore Block 30 in Mexico's Isthmus Saline Basin.The acquisition will be carried out through Mx Dlta Nrg 1, a subsidiary of Zamajal, in which…
Talos Energy and an affiliate of Ridgewood Energy Corporation have agreed to acquire Shell's interests in the Na Kika platform and the Coulomb field in the Gulf of America in a deal valued at $1.7 billion.Under the agreement, Talos will acquire…
Energy services company EnerMech has completed a pipeline flushing and cleaning contract for Subsea7 as part of an offshore field decommissioning program in the Gulf of Mexico.The scope covered the flushing and cleaning of a long-distance deepwater…
Shell’s Mars platform has produced its billionth barrel of oil equivalent, becoming the first single offshore platform in the Gulf of America to reach the milestone nearly three decades after production began.The deepwater oil and gas platform…
Energy data and intelligence firm TGS has secured an ultra-high resolution OBN contract in the Gulf of America.A deep-water crew is scheduled to mobilize early June 2026, according to the company.'We are very pleased to secure this ultra-high resolution OBN contract…
EnerMech has been awarded a subsea pre-commissioning contract by Subsea7 for the Trion ultra-deepwater oil development offshore Mexico.The Trion project, located about 180 kilometers offshore in the Perdido Fold Belt at water depths of 2,500-2…
The American Petroleum Institute (API) and the National Ocean Industries Association (NOIA) released a new report, Unlocking the New South-Central Gulf of America for Energy Development: Potential Economic Impacts and Opportunities, highlighting the opportunity to strengthen U…
Offshore drilling contractor Seadrill has secured contract awards in the Gulf of America for two ultra-deepwater drillships, adding about $260 million to its backlog.The West Neptune drillship received a 365-day contract extension, with operations set to begin in September 2026…
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract by Beacon Offshore Energy to supply a subsea boosting system for the Shenandoah field in the Gulf of America.The contract covers delivery of a high‑pressure…
Occidental Petroleum (Oxy) has made an oil discovery at the Bandit prospect in the Gulf of America.The exploration well, located in Green Canyon Block 680 about 125 miles south of the Louisiana coast, encountered oil-bearing Miocene sands.Occidental…
European energy majors TotalEnergies and Shell are among companies eyeing a majority stake in one of the U.S. Gulf's most promising sites, three sources with knowledge of the process said, as interest in North American energy prospects rises due to the Middle East conflict…
Cleanova has helped an oil and gas operator in the Gulf of Mexico increase seawater injection capacity by nearly 50% through an upgrade of its filtration system, without disrupting offshore operations.The operator uses seawater injection to maintain reservoir pressure and support oil recovery…
Brazil's Petrobras will discuss a possible partnership with Mexico's Pemex during a visit to Mexico next month, Mexican President Claudia Sheinbaum said on Tuesday, after her Brazilian counterpart proposed joint projects in the Gulf of Mexico for the two state-run oil companies…